Replacement of Option. On receipt of evidence reasonably satisfactory to the Company of the loss, theft, destruction or mutilation of this Option and, in the case of loss, theft or destruction, on delivery of an indemnity agreement reasonably satisfactory in form and substance to the Company or, in the case of mutilation, on surrender and cancellation of this Option, the Company at its expense shall execute and deliver, in lieu of this Option, a new Option of like tenor and amount.
Replacement of Option. On receipt of evidence reasonably satisfactory to the Company of the loss, theft or destruction of this Option, and, if requested, upon delivery of an indemnity agreement reasonably satisfactory to the Company, the Company at its expense shall execute and deliver, in lieu of this Option, a new replacement Option.
Replacement of Option. Upon receipt by Xxxxxx of evidence reasonably satisfactory to him of the loss, theft, destruction or mutilation of this Agreement, and (in the case of loss, theft or destruction) of reasonably satisfactory indemnification, and upon surrender and cancellation of this Agreement, if mutilated, Xxxxxx will execute and deliver a new Agreement of like tenor and date.
Replacement of Option. On receipt of evidence reasonably satisfactory to the Company of the loss, theft destruction or mutilation of this Option and, in the case of loss, theft or destruction, on delivery of an indemnity agreement reasonably satisfactory in form and substance to the Company or, in the case of mutilation, on surrender and cancellation of this Option, the Company at its expense shall execute and deliver, in lieu of this Option, a new Option of like tenor and amount.
Replacement of Option. Upon receipt by Marquee of evidence reasonably satisfactory to it of the loss, theft, destruction or mutilation of this Option, and, in case of loss, theft or destruction, of indemnity or security reasonably satisfactory to it, and upon surrender and cancellation of this Option, if mutilated, Marquee will make and deliver a new Option of like tenor, in lieu of this Option. This Option shall be promptly canceled by Marquee upon the surrender thereof in connection with any exchange or replacement. Optionee shall pay all expenses, taxes and other charges payable in connection with the preparation, execution and delivery of a replacement Option pursuant to this Section 5.
Replacement of Option. Upon receipt by the Company of evidence reasonably satisfactory to it of the loss, theft, destruction or mutilation of this Stock Option Agreement, and (in the case of loss, theft or destruction) of reasonably satisfactory indemnification, and upon surrender and cancellation of this Stock Option Agreement, if mutilated, the Company will execute and deliver a new agreement of like tenor and date.
Replacement of Option. Upon receipt of evidence reasonably satisfactory to the Company of the loss, theft, destruction or mutilation of the Option and, in the case of any such loss, theft or destruction of the Option, upon delivery of indemnity reasonably satisfactory to the Company in form and amount or, in the case of any mutilation, upon surrender of the Option for cancellation at the office of the Company maintained pursuant to Section 11.2(a) hereof, the Company at its expense will execute and deliver, in lieu thereof, a new Option of like tenor and dated the date hereof.
Replacement of Option. At the request of Holder and on production of evidence reasonably satisfactory to Company of the loss, theft, destruction or mutilation of this Option (and in the case of loss, theft, or destruction, if required by Company, upon delivery of an indemnity agreement reasonably requested by Company), Company at its expense will issue in lieu thereof a new Option of like tenor, representing the right to subscribe for and purchase the number of shares of Common Stock which may be subscribed for and purchased hereunder.
Replacement of Option. If this Option is mutilated, lost, stolen or destroyed, the Grantor shall issue or cause to be issued in exchange and substitution for and upon cancellation hereof, or in lieu of and substitution for this Option, a New Option, but only upon receipt of evidence reasonably satisfactory to the Grantor of such loss, theft or destruction and customary and reasonable indemnity, if requested. Applicants for a New Option under such circumstances shall also comply with such other reasonable regulations and procedures and pay such other reasonable third-party costs as the Grantor may prescribe.
Replacement of Option. On receipt of evidence reasonably satisfactory to the Grantor of the loss, theft, destruction or mutilation of this Agreement and the Option and, in the case of loss, theft or destruction, on delivery of an indemnity agreement reasonably satisfactory in form and substance to the Grantor or, in the case of mutilation, on surrender and cancellation of this Agreement, the Grantor at its expense shall execute and deliver to the Purchaser, in lieu of this Agreement and the Option, a new instrument of like tenor and amount.
